B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) Sees Large Decrease in Short Interest

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 (NASDAQ:RILYT) was the recipient of a large drop in short interest in the month of February. As of February 15th, there was short interest totalling 121,400 shares, a drop of 11.7% from the January 31st total of 137,500 shares. Based on an average daily trading volume, of 30,100 shares, the short-interest ratio is presently 4.0 days.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Price Performance

NASDAQ:RILYT traded down $0.18 during mid-day trading on Thursday, reaching $12.13. 365 shares of the company’s stock were exchanged, compared to its average volume of 42,040. B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 has a one year low of $6.19 and a one year high of $19.34. The business’s fifty day simple moving average is $9.93 and its two-hundred day simple moving average is $10.13.

B. Riley Financial, Inc. 6.00% Senior Notes Due 2028 Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 31st. Shareholders of record on Wednesday, January 15th were given a dividend of $0.375 per share. The ex-dividend date of this dividend was Wednesday, January 15th. This represents a $1.50 annualized dividend and a yield of 12.37%.

About B. Riley Financial, Inc. 6.00% Senior Notes Due 2028

b. riley financial, inc. is a publicly traded, diversified financial services company which takes a collaborative approach to the capital raising and financial advisory needs of public and private companies and high net worth individuals. the company operates through several wholly-owned subsidiaries, including b.